The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALLEGHANY CORP DEL COM 017175100 4,037 7,308 SH   SOLE   4,573 0 2,735
ALPHABET INC CAP STK CL A 02079k305 49 42 SH   SOLE   0 0 42
ALPHABET INC CAP STK CL C 02079k107 10,234 8,801 SH   SOLE   5,709 0 3,092
AMERICAN AIRLS GROUP INC COM 02376r102 2,836 232,625 SH   SOLE   147,650 0 84,975
BK OF AMERICA CORP COM 060505104 2,494 117,468 SH   SOLE   70,700 0 46,768
BARRICK GOLD CORPORATION COM 067901108 11,645 635,655 SH   SOLE   399,815 0 235,840
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 14,804 80,974 SH   SOLE   49,071 0 31,903
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 1,659 37,487 SH   SOLE   22,170 0 15,317
BUILDERS FIRSTSOURCE INC COM 12008r107 2,689 219,900 SH   SOLE   140,450 0 79,450
DELTA AIR LINES INC DEL COM NEW 247361702 2,564 89,875 SH   SOLE   63,500 0 26,375
FEDERATED HERMES INC CL B 314211103 1,349 70,794 SH   SOLE   37,479 0 33,315
HESS MIDSTREAM LP CL A SHS 428103105 1,479 145,617 SH   SOLE   83,417 0 62,200
HP INC COM 40434l105 3,428 197,466 SH   SOLE   101,571 0 95,895
JEFFERIES FINANCIAL GROUP INC COM 47233w109 7,093 518,869 SH   SOLE   319,252 0 199,617
JPMORGAN CHASE & CO COM 46625h100 720 8,000 SH   SOLE   8,000 0 0
KKR & CO INC CL A 48251w104 1,801 76,750 SH   SOLE   48,050 0 28,700
LENNAR CORP CL B 526057302 2,439 84,346 SH   SOLE   56,346 0 28,000
MARKEL CORP COM 570535104 1,540 1,660 SH   SOLE   175 0 1,485
MOHAWK INDS INC COM 608190104 3,127 41,015 SH   SOLE   24,115 0 16,900
PROGRESSIVE CORP OHIO COM 743315103 2,223 30,100 SH   SOLE   18,375 0 11,725
RCI HOSPITALITY HLDGS INC COM 74934q108 119 11,980 SH   SOLE   11,980 0 0
SPECTRUM BRANDS HLDGS INC NE COM 84790a105 2,895 79,601 SH   SOLE   51,235 0 28,366
STORE CAP CORP COM 862121100 2,605 143,750 SH   SOLE   88,900 0 54,850
SYSTEMAX INC COM 871851101 2,844 160,401 SH   SOLE   96,085 0 64,316
VERIZON COMMUNICATIONS INC COM 92343v104 1,783 33,184 SH   SOLE   13,986 0 19,198
WPX ENERGY INC COM 98212b103 2,490 816,471 SH   SOLE   561,746 0 254,725